India's Route Mobile more than doubles in market debut

Route Mobile

21/09/2020 06:38

** Shares of mobile communication services provider
 ROUT.NS  rise as much as 110% to 735 rupees ($10.02) in morning
trading, after debuting on the National Stock Exchange
    **  Mumbai-based co debuted on the stock market with a
premium of 105%
    ** ROUT joins IT firm Happiest Minds Technologies  HAPP.NS ,
which also more than doubled in its market debut last week
 urn:newsml:reuters.com:*:nFWN2GD0KX
    ** Incorporated in 2004, ROUT https://www.routemobile.com/company-profile
 had 30.31 billion billable transactions in FY 2020 

($1 = 73.3400 Indian rupees)

 (Reporting by Vibhuti Sharma in Bengaluru)